Roosevelt, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Roosevelt Neighborhoods Since 2000




Roosevelt, NY Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Roosevelt Housing Market Information

With a population of 16,484, 4,310 total housing units (homes and apartments), and a median house value of $313,482, Roosevelt real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Roosevelt, accounting for 76.34% of the town's housing units. Other types of housing that are prevalent in Roosevelt include duplexes, homes converted to apartments or other small apartment buildings ( 19.64%), large apartment complexes or high rise apartments ( 2.75%), and a few row houses and other attached homes ( 1.27%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Roosevelt. Owner-occupied housing accounts for 66.11% of Roosevelt's homes, and 70.53% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Roosevelt's housing was primarily built during this period, from the '40s through the '60s. A full 54.91% of the town's housing hails from this era. Other housing ages represented in Roosevelt include homes built before 1939 ( 28.05%) and housing constructed between 1970-1999 ( 12.84%). There's also some housing in Roosevelt built between 2000 and later ( 4.19%).

Roosevelt Home Appreciation Rates

Homes have actually lost value in Roosevelt over the last then years, as home values have seen a decline of 25.15% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Roosevelt home appreciation rates at 0.66%, which equates to an annual appreciation rate of 2.68%.

Over the last year, Roosevelt appreciation rates have trailed the rest of the nation. In the last twelve months, Roosevelt's appreciation rate has been 1.77%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Roosevelt were at 0.66%, which equates to an annual appreciation rate of 2.68%.

Relative to New York, our data show that Roosevelt's latest annual appreciation rate is lower than 50% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$313,482

Roosevelt, NY HOME PRICES

Value Range
> $1,090,000 0.2
$817,001 - $1,090,000 0.3
$545,001 - $817,000 1.0
$436,001 - $545,000 8.8
$327,001 - $436,000 33.6
$218,001 - $327,000 44.4
$109,001 - $218,000 9.3
$54,001 - $109,000 0.6
$0 - $54,000 1.8

High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
15.1353568498769 31.3131313131313

Number Of Homes And Apartments:
4,310

Roosevelt Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
66.98% 3.02% 7 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,910 / per month

Homeownership Rate

Homeownership
Owners 66.11
Renters 33.89
Vacant 5.85

Housing Market Details

 

Age of Homes

AGE OF Roosevelt HOMES
2000 or Newer 4.2
1970 - 1999 12.8
1940 - 1969 54.9
1939 or Older 28.0

Types of Homes

TYPE OF Roosevelt HOMES
Single-Family 76.3
Townhomes 1.3
Small Apt. Buildings 19.6
Apt. Complexes 2.8
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Roosevelt HOMES
No Bedroom 1.44
1 Bedroom 5.40
2 Bedrooms 14.53
3 Bedrooms 51.09
4 Bedrooms 19.44
5 or more bedrooms 8.10